Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $15.18 Average PT from Brokerages

Integral Ad Science Holding Corp. (NASDAQ:IAS) has been given an average recommendation of “Moderate Buy” by the twelve ratings firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $15.18.

IAS has been the topic of a number of recent research reports. Oppenheimer dropped their price target on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 13th. Craig Hallum dropped their price target on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Piper Sandler dropped their price target on Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 13th. Finally, Truist Financial dropped their price target on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, November 13th.

Insiders Place Their Bets

In other news, CEO Lisa Utzschneider sold 10,481 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $10.11, for a total value of $105,962.91. Following the completion of the transaction, the chief executive officer now directly owns 239,709 shares in the company, valued at approximately $2,423,457.99. This represents a 4.19 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Tania Secor sold 5,240 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $10.11, for a total value of $52,976.40. Following the completion of the transaction, the chief financial officer now owns 248,223 shares of the company’s stock, valued at $2,509,534.53. The trade was a 2.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,363 shares of company stock worth $165,629 in the last ninety days. 2.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Integral Ad Science

Institutional investors have recently bought and sold shares of the stock. Point72 DIFC Ltd purchased a new stake in Integral Ad Science during the 3rd quarter valued at about $41,000. nVerses Capital LLC purchased a new stake in Integral Ad Science during the 3rd quarter valued at about $45,000. Quantbot Technologies LP purchased a new stake in Integral Ad Science during the 3rd quarter valued at about $106,000. XTX Topco Ltd purchased a new stake in Integral Ad Science during the 2nd quarter valued at about $113,000. Finally, Edgestream Partners L.P. purchased a new stake in Integral Ad Science in the 2nd quarter worth approximately $125,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Integral Ad Science Stock Up 1.7 %

Shares of NASDAQ:IAS opened at $10.95 on Friday. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 54.75, a PEG ratio of 1.51 and a beta of 1.46. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science has a 12-month low of $7.98 and a 12-month high of $17.53. The business’s 50 day moving average is $11.12 and its 200 day moving average is $10.65.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.02. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The business had revenue of $133.50 million for the quarter, compared to analysts’ expectations of $138.06 million. During the same quarter in the previous year, the firm earned ($0.09) earnings per share. The business’s revenue was up 11.0% on a year-over-year basis. On average, sell-side analysts forecast that Integral Ad Science will post 0.26 earnings per share for the current fiscal year.

Integral Ad Science Company Profile

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, France, Ireland, Germany, Italy, Singapore, Australia, Japan, India, and the Nordics. The company provides IAS Signal, a cloud-based technology platform that offers return on ad spend needs; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.